Application of Limitation Period to Anti-corruption Claims of Prosecutor’s Office
On 31 October 2024 the Constitutional Court published Resolution No. 49-P on the case of checking the constitutionality of Articles 195, 196, paragraph 1 of Article 197, paragraph 1 and paragraph two of paragraph 2 of Article 200, paragraph two of Article 208 of the Civil Code of the Russian Federation (hereinafter - the “Resolution”), in which it considered the application of limitation period to claims for seizure of property obtained through corrupt activities in favor of the state.
Following Russian-Gulf Business Forum: Overview
Russia and the Gulf countries continue to deepen economic cooperation, which becomes especially important against the backdrop of sanctions restrictions. The Russian-Gulf Business Forum: New Ties, New Opportunities (took place in Moscow on 24 September 2024) provided an opportunity for a comprehensive discussion of both business prospects and legal issues related to the activities of Russian companies in the region.
Highlights of the event in our report.
Russian-Gulf Business Forum: Expanding Opportunities in the Gulf
On September 24, 2024, Moscow hosted the Russian-Gulf Business Forum: New Connections, New Opportunities, a central platform for exploring business prospects in the Gulf. The event highlighted new avenues for collaboration and showcased the commitment of key market players to deepen ties with one of the world’s fastest-growing regions.
New State Fees Came into Force for Applications by Legal Entities and Individuals to Arbitration Courts and Courts of General Jurisdiction
On September 8, new state fees came into force for applications by legal entities and individuals to arbitration courts and courts of general jurisdiction. The new procedure applies to any applications and complaints filed with the court from September 9, 2024.
The Counterparty Is Breaching Its Obligations (in Russian)
The Supreme Court of the Russian Federation Initiated Amendments to the Procedure for Appeals in Civil Proceedings
On June 25, 2024, the Supreme Court of the Russian Federation published the Resolution of the Plenum of the Supreme Court of the Russian Federation No. 22 on the submission to the State Duma of the Russian Federation of the draft federal law "On Amendments to the Civil Procedure Code of the Russian Federation" (hereinafter - the "Resolution").
Lidings Becomes an Exclusive Russian Member of Leadvisor Global
Lidings has signed a cooperation agreement with Leadvisor Global, an international network of consultants. The firm has become the first national legal counsel to represent Russia.
Recovery of Legal Fees in the Event of Procedural Succession
On 28 May 2024, the Constitutional Court adopted Resolution No. 26-P “On the Case on the Verification of the Constitutionality of Part 1 of Article 110 of the Arbitration Procedural Code of the Russian Federation in Connection with the Complaint of Citizen E. M. Tumanina”, in which it analyzed the possibility of reimbursement of legal fees associated with the consideration of an application for procedural succession.
Damage to Russian Federation and Russian Central Bank Will Be Compensated at the Expense of Property of US and Related Persons
On 23 May 2024 Russian President signed the Decree № 442 “On the Special Procedure for Compensation of Damage Caused to the Russian Federation and the Central Bank of the Russian Federation in Connection with Unfriendly Actions of the United States of America” (hereinafter – the “Decree”).
The Decree introduces a special procedure for compensation of damages caused to Russian Federation or Central Bank of Russian Federation (hereinafter – “Russian rightholders”) due to unfriendly actions of the US.